HashiCorp's capabilities will create significant synergy for IBM across several strategic growth areas, including Red Hat, WatsonX, data security, IT automation and consulting, the company said in a statement.
"Enterprise customers are grappling with unprecedented expansion of infrastructure and applications across public and private clouds as well as on-premises environments," said Arvind Krishna, IBM President and CEO.
“The global excitement around generative AI has heightened the challenges and CIOs and developers are up against dramatic complexity in technology strategies,” Krishna said.
As a part of IBM, HashiCorp is expected to accelerate innovation and enhance go-to-market, development and monetization initiatives.
“The need for effective management and automation is critical with the rise of multi-cloud and hybrid cloud, which is being accelerated by today’s cloud revolution,” said Armon Dadgar, co-founder and chief technology officer, HashiCorp.
"I am incredibly excited to join IBM to accelerate HashiCorp's mission to make our products accessible to a broader group of developers and enterprises," said Dadgar.
The rise of cloud-native workloads and related applications is radically expanding the number of cloud workloads that enterprises can manage. Additionally, generic AI deployment is also growing alongside traditional workloads.
"IBM's leadership in hybrid cloud and rich history of innovation makes it the ideal home for HashiCorp as we enter the next phase of our growth journey," said Dave McJannet, Chief Executive Officer of HashiCorp.
"Enterprise customers are grappling with unprecedented expansion of infrastructure and applications across public and private clouds as well as on-premises environments," said Arvind Krishna, IBM President and CEO.
“The global excitement around generative AI has heightened the challenges and CIOs and developers are up against dramatic complexity in technology strategies,” Krishna said.
As a part of IBM, HashiCorp is expected to accelerate innovation and enhance go-to-market, development and monetization initiatives.
“The need for effective management and automation is critical with the rise of multi-cloud and hybrid cloud, which is being accelerated by today’s cloud revolution,” said Armon Dadgar, co-founder and chief technology officer, HashiCorp.
"I am incredibly excited to join IBM to accelerate HashiCorp's mission to make our products accessible to a broader group of developers and enterprises," said Dadgar.
The rise of cloud-native workloads and related applications is radically expanding the number of cloud workloads that enterprises can manage. Additionally, generic AI deployment is also growing alongside traditional workloads.
"IBM's leadership in hybrid cloud and rich history of innovation makes it the ideal home for HashiCorp as we enter the next phase of our growth journey," said Dave McJannet, Chief Executive Officer of HashiCorp.
